Harsha Engineers International Ltd. | IPO Analysis | Will I Apply? | CA Rachana Ranade

"today 10 pm live stream is going to be super fun it's going to be super informative i'm going to talk about bank nifty today it hit all-time high nifty is still pretty much away from its all-time high we are uh we are almost around that 18 000 mark uh all-time high was 18 600. today nifty crossed its all-time high what were the key reasons behind the outperformance of bank nifty as compared to nifty is what we are going to discuss"

"today it hit all-time high nifty is still pretty much away from its all-time high we are uh we are almost around that 18 000 mark uh all-time high was 18 600."

"today nifty crossed its all-time high"

"the big question big question so i want a quick answer from you all whatever financials i told i hope that is understood the product is understood just give me a quick thumbs up you can either type yes or there is a very simple way to tell that yes i have understood yes i have enjoyed just by smashing that like button okay then i'm going to tell you whether i'm going to apply or not"

"my answer is yes okay so i think this is a very good ipo i am going to apply it not only from a short term perspective of listing games i might hold it in my portfolio as well looks pretty good to me"

"everyone knows that i i have five dmat accounts me my husband i've told this so many times family members holding together five limit accounts and i'm going to apply for this ipo through all five dmat accounts"

"if a comp if a country for economy like usa maybe if they go into real recession in that case can i say that can hamper the company sales answer is obviously yes of course"

"if the foreign i mean if because their major revenues from in foreign currency europe and usa not doing well is going to impact the company is is what i personally understand right"

"out of the total market share in the organized sector this company commands 50 to 60 percent market share in the organized sector in india"

"all these six major companies take cages they buy cages from from harsha engineering"

"and currently company is coming up with the p even at the highest price band at the highest price band it is coming at 27.73 so can i say it is not at all aggressively valued answers obviously yes they have valued it very reasonably"

"more than 70 percent of the revenue comes from top five customers discontinuing even one could have a severe impact on the revenue"

"63 percent of their revenue from operations was dominated in foreign currencies one risk is risk of foreign currency fluctuation that still i feel is minor risk"

"majority of the revenue is coming from europe usa okay and few other countries okay but major u.s and europe"

"this has been subscribed already 7.17 times and the gmp is 225"